Bank of Ireland Narrows Loss

Country's Dominant Lender Says It is Making Sustainable Profit This Year

By

Eamon Quinn

Updated March 3, 2014 3:19 a.m. ET

DUBLIN—Bank of Ireland PLC, the country's dominant lender, Monday posted a much smaller loss for 2013 and said it is making sustainable profit this year, for the first time since the financial crisis struck in 2008.

The bank has emerged from the nation's banking wreckage and is the only Irish lender to have escaped outright government control during the long crisis. It says it has already paid back in full its share of the huge sums...